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Tencent Music’s Q2 Revenue Tops $1.3 Billion on Subscription Growth, Ximalaya Acquisition

Billboard ·
Tencent Music’s Q2 Revenue Tops $1.3 Billion on Subscription Growth, Ximalaya Acquisition

Tencent Music Entertainment Group (TME) reported on Tuesday (Aug. 11) that their second-quarter revenues rose nearly 6% to RMB 8.93 billion ($1.32 billion) thanks to the completion of its $2.4 billion acquisition of podc

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